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Why is cell phone service in America so awful?

06
Jun
2014

Can you remember the last time your cell phone dropped a call or sat lifeless for a few moments, choking as it reconnected to the network and tried again after a failed attempt to move some data? Of course you can — it probably happened several times today alone. Here in America, we pay top dollar for cell phone service. Cell phone service at the cheapest nationwide wireless carrier, T-Mobile, costs an average of $120 per month. In Finland, people enjoy far more consistent and reliable service for an average of $130 per year. So why is U.S. cell phone service so terrible? Ritholtz Wealth Management founder Barry Ritholtz pens a column at Bloomberg View, and earlier this week he sought to investigate that

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